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#SEC

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Three Companies Notify SEC of Plans to Launch Tokenized Stocks Trading
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Three Companies Notify SEC of Plans to Launch Tokenized Stocks Trading

Key Highlights: Three firms—Tokenized Stock Venue, Perpetuals.com, and OKX—have notified the U.S. Securities and Exchange Commission (SEC) of their intent to launch tokenized securities trading platforms. The notices follow the implementation of a new regulatory rule governing digital asset securities infrastructure. The filings mark a significant step toward bridging traditional capital markets and blockchain-based tokenized ...

Is XRP Safe After the CLARITY Act’s Defeat? Ripple CEO Brad Garlinghouse Says ‘We Have Clarity’
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Is XRP Safe After the CLARITY Act’s Defeat? Ripple CEO Brad Garlinghouse Says ‘We Have Clarity’

Key Highlights: Ripple CEO Brad Garlinghouse affirmed that $XRP holders remain well-protected by existing judicial precedent despite the legislative defeat of the CLARITY Act. Garlinghouse highlighted the landmark July 2023 ruling by Judge Analisa Torres, which determined that $XRP is not inherently a security and secondary exchange sales were not securities transactions. Following the Senate’s ...

Hyperliquid Policy Center Urges SEC to Clarify Crypto Airdrop and Token Buyback Rules
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Hyperliquid Policy Center Urges SEC to Clarify Crypto Airdrop and Token Buyback Rules

Key Highlights: The Hyperliquid Policy Center (HPC) has urged the SEC to establish that free token airdrops are not securities transactions. Recommendations include expanding safe harbor provisions, providing secondary market clarity, and establishing permanent federal preemption over state registration laws. The advocacy comes ahead of the October 20 deadline for the SEC to conclude its ...

Traders to Soon Bet on Whether Coinbase, Robinhood and Marathon Will Hit Targets
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Traders to Soon Bet on Whether Coinbase, Robinhood and Marathon Will Hit Targets

Key Highlights SEC Chairman Paul Atkins has approved a Cboe Global Markets rule change enabling cash-settled, European-style contracts tied directly to corporate SEC filings. Retail trading platform Robinhood is poised to be the first brokerage to offer the new contracts, with listings anticipated this month pending Cboe Clear U.S. registration. Chairman Atkins emphasized that the ...

SEC Clears Cboe KPI Options as Robinhood Prepares for Retail Launch
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SEC Clears Cboe KPI Options as Robinhood Prepares for Retail Launch

Key Highlights: Cboe Global Markets is preparing to launch binary options tied directly to corporate key performance indicators (KPIs), featuring more than 100 approved metrics across 23 major companies such as Apple and Nvidia. Unlike prediction markets regulated by the Commodity Futures Trading Commission (CFTC), Cboe’s products will be cash-settled securities options overseen by the ...

VanEck Seeks to Withdraw Lido Staked Ethereum ETF Filing
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VanEck Seeks to Withdraw Lido Staked Ethereum ETF Filing

Key Highlights VanEck has withdrawn its proposal for an exchange-traded fund designed to directly hold Lido’s liquid-staked ether token, stETH. The proposed vehicle aimed to track the price of stETH minus fund expenses, allowing investors to access rebasing staking rewards through traditional brokerage accounts. While other funds like the Grayscale Ethereum Staking ETF (ETHE) offer ...

Why Clarity’s Failure Could Accelerate Crypto Innovation While Protecting Incumbents
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Why Clarity’s Failure Could Accelerate Crypto Innovation While Protecting Incumbents

Key Highlights The CFTC and SEC are advancing independent regulatory initiatives addressing leveraged retail crypto trading, registration, and institutional custody. A regulatory gap persists for unleveraged spot trading, which continues to sit outside comprehensive federal supervision despite anti-fraud enforcement powers. Market participants view the proactive regulatory agency approach as a near-term catalyst driving mergers, acquisitions, ...

Franklin Templeton Seeks SEC Relief to Enable Tokenized Fund Trades
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Franklin Templeton Seeks SEC Relief to Enable Tokenized Fund Trades

Key Highlights: The U.S. Securities and Exchange Commission (SEC) issued a conditional innovation exemption on September 17, offering temporary regulatory relief for qualifying blockchain platforms and liquidity providers trading tokenized stocks. Franklin Templeton’s proposed agenda outlines critical regulatory challenges surrounding tokenized exchange-traded funds (ETFs), addressing liquidity pool classifications under the Investment Company Act of 1940 ...

Franklin Templeton Explores SEC Relief for Tokenized Fund Trading
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Franklin Templeton Explores SEC Relief for Tokenized Fund Trading

Key Highlights: The SEC’s Sept. 17 innovation exemption grants temporary relief to eligible blockchain venues and liquidity providers, allowing restricted tokenized stock trading under strict compliance guidelines. Franklin Templeton explored key regulatory questions around tokenized ETF trading pairs, liquidity pool structures under the Investment Company Act of 1940, and venue classifications distinct from national exchanges. ...

SEC Proposes New Amendments to the Investment Company Act
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SEC Proposes New Amendments to the Investment Company Act

Key Highlights: The U.S. Securities and Exchange Commission (SEC) is advancing proposed amendments to the cross-trading framework under the Investment Company Act. The regulatory overhaul aims to grant registered investment funds and their affiliates greater operational flexibility and reduced trading expenses. Market participants are evaluating the proposal’s dual focus on modernizing fund operations and strengthening ...

SEC and CFTC Crypto Rules Fall Short of Legislation, French Hill Says
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SEC and CFTC Crypto Rules Fall Short of Legislation, French Hill Says

Key Highlights: Lawmakers face a tight 22-day Senate post-election window to negotiate and pass the CLARITY Act (H.R. 3633) following an earlier procedural setback. Key sticking points between Democratic and Republican negotiators focus on ethics provisions, illicit finance, consumer protections, and stablecoin regulations. Both the SEC and CFTC are navigating regulatory moves under existing statutory ...